- 6,453
72; Plan B eff 08/01/2016; 67212
Known chronic conditions-mild arthritis and very slow cataracts.
(Rates approximate-names changed)
G rates: Transamerica, Bankers Fid, and Cigna cluster at $135 + or -; Aetna $150
HDF: Standard Life and Accident (the TX co) $42; Cigna $50; Bankers Fid Issue age $55.
N : I think Cigna was $115
My journey:
MA KS SHICK said NO.
Plan G: August 2016
Contact 1-Rose: Buy Transamerica-It is the cheapest in your market. Me: I like Bankers Fidelity Life. Rose: The plans are the same-why would you buy anything but the cheapest? Essentially she became quite upset that I would not consider her "agent" position as the validator for buying the cheapest plan.
Contact 2-Xavier: The cheapest KS policy his agency had is Aetna. I didn't want to spend that much.
Contact 3-Sidney: Provided some additional info-Also recommended Aetna, saying he believed it would be most stable in regard to price increases. (Also he would not contract with the other lower priced companies in KS market.)
He suggested pricing data implied Transamerica was trying to break into KS market-I agree with that assessment.
Sydney told me I had 6 months, take my time and make the best decision.
I didn't know what to do, so I packed up my calculator and went off to do battle with Aetna over a GHP claim for which my provider was billing me. (If it does not resolve this week, that is a story with the complexity for another thread.)
Cigna does new plans for KS market in september:
In September, Xavier was working his "gravy list" and emailed me. Since I had not made a decision, He told me he could now offer Cigna.
Contact 4-Paul confirmed wisdom of Cigna and said he would recommend them over Aetna in my situation based on price.
Then I spent a weekend looking at HDF. Two broker youtube videos, I broker article, 2 ins co articles and 4 bogleheads threads. I wanted to do Std Life or Cigna HDF and bank $85 a month and pay my claims and see what happened.
Closed doors, I thought I was back in door to door book sales.
I told Xavier about Std Life and HDF. He quit answering emails.(I then contacted Cigna and found they did have an HDF plan which Xavier could have told me about-He chose not to.)
After asking about companies Sidney represented, I asked if he would write a Cigna HDF plan for me. He told me we would not be doing business together.
Paul told me he represented all the companies doing business in KS. So I asked if he would write a Std Life HDF policy. I was astonished. He flamed me about taking insurance advice from my barber and said I would not be happy with the product, the company or his agency. It was completely emotional with nothing I could try to think about to evaluate why I was or was not making a bad choice.
A Std Life (and Accident) captive agent will write that HDF policy for me.
I am now in month 3 of my 6 months-and apparently policy effective date will be first of following month instead of date of contract as I was told, so I need to be moving the process along in some way. (I am also now going to be competing with open enrollment for time-at least with some agents).
So I need to make fresh agent and plan choices.
----------
goillini52 in my other thread, recommends I should be considering N:
----------------------------------------------------------------------------------------
While you might be able to pass the Underwriting for those 2 conditions if wanting to get a better policy later on, personally I wouldn't recommend going that route. You might develop other health conditions later on that would keep you from qualifying for something later on...like being on oxygen, diabetes combined with a heart condition, Alzheimer's, etc.
I'd take the Plan G now, because you don't know that you'll be able to change in the future. If you're not wanting to spend much money on your Medicare Supplement, you might want to consider Plan N. It's roughly twice the price as HDF, and good coverage...possibly the best buy of all the Supplements.
----------------------------------------------------------------------------------
I will try to work out the reasons I was objecting to N and make a post tonight so I can be exposed to the issues with my thoughts.
Considering that I am looking at possibly a one time agent and coverage choice, I appreciate comments that any of you would care to make relating to my decision.
Thanks. LD
Known chronic conditions-mild arthritis and very slow cataracts.
(Rates approximate-names changed)
G rates: Transamerica, Bankers Fid, and Cigna cluster at $135 + or -; Aetna $150
HDF: Standard Life and Accident (the TX co) $42; Cigna $50; Bankers Fid Issue age $55.
N : I think Cigna was $115
My journey:
MA KS SHICK said NO.
Plan G: August 2016
Contact 1-Rose: Buy Transamerica-It is the cheapest in your market. Me: I like Bankers Fidelity Life. Rose: The plans are the same-why would you buy anything but the cheapest? Essentially she became quite upset that I would not consider her "agent" position as the validator for buying the cheapest plan.
Contact 2-Xavier: The cheapest KS policy his agency had is Aetna. I didn't want to spend that much.
Contact 3-Sidney: Provided some additional info-Also recommended Aetna, saying he believed it would be most stable in regard to price increases. (Also he would not contract with the other lower priced companies in KS market.)
He suggested pricing data implied Transamerica was trying to break into KS market-I agree with that assessment.
Sydney told me I had 6 months, take my time and make the best decision.
I didn't know what to do, so I packed up my calculator and went off to do battle with Aetna over a GHP claim for which my provider was billing me. (If it does not resolve this week, that is a story with the complexity for another thread.)
Cigna does new plans for KS market in september:
In September, Xavier was working his "gravy list" and emailed me. Since I had not made a decision, He told me he could now offer Cigna.
Contact 4-Paul confirmed wisdom of Cigna and said he would recommend them over Aetna in my situation based on price.
Then I spent a weekend looking at HDF. Two broker youtube videos, I broker article, 2 ins co articles and 4 bogleheads threads. I wanted to do Std Life or Cigna HDF and bank $85 a month and pay my claims and see what happened.
Closed doors, I thought I was back in door to door book sales.
I told Xavier about Std Life and HDF. He quit answering emails.(I then contacted Cigna and found they did have an HDF plan which Xavier could have told me about-He chose not to.)
After asking about companies Sidney represented, I asked if he would write a Cigna HDF plan for me. He told me we would not be doing business together.
Paul told me he represented all the companies doing business in KS. So I asked if he would write a Std Life HDF policy. I was astonished. He flamed me about taking insurance advice from my barber and said I would not be happy with the product, the company or his agency. It was completely emotional with nothing I could try to think about to evaluate why I was or was not making a bad choice.
A Std Life (and Accident) captive agent will write that HDF policy for me.
I am now in month 3 of my 6 months-and apparently policy effective date will be first of following month instead of date of contract as I was told, so I need to be moving the process along in some way. (I am also now going to be competing with open enrollment for time-at least with some agents).
So I need to make fresh agent and plan choices.
----------
goillini52 in my other thread, recommends I should be considering N:
----------------------------------------------------------------------------------------
While you might be able to pass the Underwriting for those 2 conditions if wanting to get a better policy later on, personally I wouldn't recommend going that route. You might develop other health conditions later on that would keep you from qualifying for something later on...like being on oxygen, diabetes combined with a heart condition, Alzheimer's, etc.
I'd take the Plan G now, because you don't know that you'll be able to change in the future. If you're not wanting to spend much money on your Medicare Supplement, you might want to consider Plan N. It's roughly twice the price as HDF, and good coverage...possibly the best buy of all the Supplements.
----------------------------------------------------------------------------------
I will try to work out the reasons I was objecting to N and make a post tonight so I can be exposed to the issues with my thoughts.
Considering that I am looking at possibly a one time agent and coverage choice, I appreciate comments that any of you would care to make relating to my decision.
Thanks. LD